What Happens to Your Family's Home If You Die Without Life Insurance?
A while back, a woman I will call Rachel lost her husband, Paul, to cancer. (Her name and his have been changed here, out of respect for their privacy.) They had two kids and a home and the same mortgage most families carry. What they also had, because Paul set it up before he ever got sick, was a l
How Much Life Insurance Does a Homeowner Need?
My wife's friend lost her husband unexpectedly. He had a $1,000,000 life insurance policy. That policy is not going to take care of their family for the rest of their lives. But it gave his wife something that most people in that situation do not get: time. She does not have to sell the house immedi